The COVID-19 pandemic has profoundly changed the world of work. After the unprecedented and rapid adjustment to home working, organisations are now grappling with the challenge of hybrid working, chronic labour and skill shortages, as well as the need to rethink diversity and inclusion plans in order to improve gender and ethnic representation at all levels.
The CBI's 'Transforming Work Week' - taking place from 20-24 September - is a dedicated programme of events which will provide you with the latest insight on these issues, as well as the opportunity to share your experiences and gain practical takeaways to implement within your business.
The line up
Monday 20 September
CBI @10am: How can business supercharge the reskilling revolution?
Retaining and developing talent has never been more important as businesses manage the impact of COVID-19, emerging job opportunities from growing sectors and changes to the UK’s relationship with the EU and access to talent.
Research conducted by the CBI before the pandemic found that 90% of the UK’s workforce will need to gain new skills by 2030 at a cost of £13bn a year. Both government and the CBI share an ambitious vision for reskilling, and this is the opportunity of the century to get this agenda right.
This opening session of the CBI's Transforming Work Week will help businesses understand how they can work with government to overcome skills challenges and supercharge the reskilling revolution. You will hear from expert speakers including:
- Tony Danker, Director-General, CBI
- Catherine Foot, Director of Phoenix Insights, Phoenix Group
- Lynda McVay, Director of Skills and Capability, Leonardo
- Neil Morrison, Director of Human Resources, Severn Trent Water.
Tuesday 21 September
People and Skills Network on shaping solutions to solve the labour squeeze
Competition for people and skills is now more acute than ever as businesses face a perfect storm of labour shortages. Vacancy growth is at its highest rate in over a decade, affecting the UK’s recovery and growth potential and challenging the logistics, food production, hospitality and retail sectors in particular.
This is on top of chronic skills shortages across the UK labour market, especially in digital and STEM. The COVID-19 crisis has also increased the number of EU workers leaving the UK, as well as decimating firms’ ability to adjust to the end of the Brexit transition.
And this is where you come in.
Join this sprint-style breakout session to inform the CBI’s policy response, tell us how labour shortages are impacting your sector, and feedback on what you need most.
We will explore the following areas with members:
- What roles are you struggling to recruit for and what impact is this having on your business?
- What is causing people and skills shortages, and what barriers are you experiencing in overcoming them?
- What steps has your business taken to ease people and skills shortages, and how sustainable are these as a long-term solution?
- What action should the government take to address the people and skills shortages affecting your business, and what will be the impact if it doesn’t?
- What’s your view of the CBI’s policy ideas and their effectiveness in addressing people and skills shortages for your business?
Wednesday 22 September
CBI @10am: The future of diversity and inclusion
The pandemic has turned our lives and the world of work upside down. As the UK economy is recovering, companies have the unique opportunity to go back to the drawing board to reimagine the current diversity and inclusion practices. To build back better, it is time to think about what organisations want to achieve with D&I in the next two to five years.
Improving gender and ethnic representation at all levels of businesses will remain critical. At the same time, many organisations will start to broaden their focus to look at further protected characteristics such as neurodiversity, age and go beyond protected characteristics to include social mobility, inclusion and ESG.
Taking place during the CBI's Transforming Work Week, this session will welcome a panel of expert speakers for a discussion about businesses' ambitions for D&I in the coming years:
- Lord Karan Bilimoria CBE DL, President, CBI
- Michelle Sequeira, Principal, Talent Strategy | UK Diversity, Equity and Inclusion Consulting Leader, Mercer
- Jodie Coe, Director of People and Operations, CPI
Thursday 23 September
Member Discussions on hybrid working
Hosted virtually on a regional basis, this is your monthly opportunity to join other senior executives in your area to discuss and shape the CBI narrative on the issues that most matter to you, and exchange ideas under 'Chatham House rules'.
As autumn approaches many firms will be implementing their hybrid working plans. This member discussion will focus on how hybrid working may lead to strategic advantages, as firms adjust their long-term business strategies. It will consider the potential impact on customers and client-facing delivery, as well as the opportunities for more inclusive working practices that can attract talent and improve greater productivity.
Learn from other firms about the decisions they’re making to implement hybrid working in their business, and how they plan to evaluate the effectiveness of new working models.
We will be joined by Oliver Baxter from Herman Miller Insight Group, who will demonstrate through case studies how a hybrid working model can be achieved successfully. They will also share insights on the longer-term challenges and opportunities around hybrid working.
The purpose of this call is to:
- Discuss how businesses are transitioning to a hybrid working model
- Enable members to hear from different organisations from within the region and across the UK to help inspire new practices in their own business
- Provide a platform for B2B learning, allowing members to share and discuss best-practice strategies, and discuss what works well / doesn’t work well
- Discuss issues that have arisen and how members are managing these.
In the session we would like to explore the following questions with members:
- What does hybrid work look like in your business?
- Has it impacted your longer-term business planning?
- How are you managing the balance between ‘business’ and employees?
- What have been the main challenges you have faced adopting or implementing hybrid working so far? How have you managed these challenges?
- What challenges do you anticipate on the horizon?
- How do you plan to evaluate the effectiveness of a hybrid working model?
- Following on from the CBI and Microsoft 'Tech Tracker' report, read some practical steps your business can take to overcome the common barriers to innovation
- Read the practical takeaways from the CBI's Front of Mind report to support employee mental health and wellbeing
- Read the CBI's practical guidance for businesses making the long-term shift to hybrid working.